Durango Resources Stock Technical Analysis
ATOXF Stock | USD 0.03 0.01 37.72% |
As of the 23rd of December, Durango Resources shows the Mean Deviation of 10.59, coefficient of variation of 749.4, and Downside Deviation of 17.95. Durango Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Durango Resources, which can be compared to its peers. Please confirm Durango Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Durango Resources is priced favorably, providing market reflects its regular price of 0.0314 per share. As Durango Resources appears to be a penny stock we also advise to verify its total risk alpha numbers.
Durango Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Durango, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DurangoDurango |
Durango Resources technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Durango Resources Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Durango Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Durango Resources Trend Analysis
Use this graph to draw trend lines for Durango Resources. You can use it to identify possible trend reversals for Durango Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Durango Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Durango Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Durango Resources applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Durango Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Durango Resources price change compared to its average price change.About Durango Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Durango Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Durango Resources based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Durango Resources price pattern first instead of the macroeconomic environment surrounding Durango Resources. By analyzing Durango Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Durango Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Durango Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Durango Resources December 23, 2024 Technical Indicators
Most technical analysis of Durango help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Durango from various momentum indicators to cycle indicators. When you analyze Durango charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Math Operators | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.1153 | |||
Market Risk Adjusted Performance | 8.47 | |||
Mean Deviation | 10.59 | |||
Semi Deviation | 10.81 | |||
Downside Deviation | 17.95 | |||
Coefficient Of Variation | 749.4 | |||
Standard Deviation | 17.26 | |||
Variance | 297.99 | |||
Information Ratio | 0.1316 | |||
Jensen Alpha | 2.29 | |||
Total Risk Alpha | 1.81 | |||
Sortino Ratio | 0.1265 | |||
Treynor Ratio | 8.46 | |||
Maximum Drawdown | 105.3 | |||
Value At Risk | (25.00) | |||
Potential Upside | 33.64 | |||
Downside Variance | 322.38 | |||
Semi Variance | 116.91 | |||
Expected Short fall | (17.30) | |||
Skewness | 1.52 | |||
Kurtosis | 6.4 |
Complementary Tools for Durango OTC Stock analysis
When running Durango Resources' price analysis, check to measure Durango Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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